The New England Conservatory of Music

https://necmusic.edu

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    2024 Undergraduate Tuition
    $58,910
    3.75% growth from 2023
    2024 Average Net Price
    $50,367
    After Financial Aid
    2024 Acceptance Rate
    41.1%
    1,112 Applicants
    2024 Enrolled Students
    853
    89.6% Full-Time
    2024 Graduation Rate
    73.4%
    80 Graduates

    About

    The New England Conservatory of Music is a higher education institution located in Suffolk County, MA. In 2024, the most popular Masters Degree concentrations at The New England Conservatory of Music were Stringed Instruments (32 degrees awarded), Keyboard Instruments (20 degrees), and Woodwind Instruments (17 degrees).

    In 2024, 260 degrees were awarded across all undergraduate and graduate programs at The New England Conservatory of Music. 49.6% of these degrees were awarded to women, and 50.4% awarded men. The most common race/ethnicity group of degree recipients was white (81 degrees), 2.7 times more than then the next closest race/ethnicity group, asian (30 degrees).

    The median undergraduate tuition at The New England Conservatory of Music is $58,910, which is $44,013 more than the national average for Special Focus Institutions ($14,897).

    Special Focus Four-Year: Arts, Music & Design SchoolsSpecial Focus Institutions

    Costs

    In 2024, the median undergraduate tuition at The New England Conservatory of Music is $58,910, which is $44,013 more than the national average for Special Focus Institutions ($14,897).

    After taking grants and loans into account, the average net price for students is $50,367.

    In 2024, 90% of undergraduate students attending The New England Conservatory of Music received financial aid through grants. Comparatively, 23% of undergraduate students received financial aid through loans.

    Tuition Costs

    $58,910
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at The New England Conservatory of Music was $58,910. The cost of tuition at The New England Conservatory of Music is $44,013 more than than the overall (public and private) national average for Special Focus Institutions ($14,897).

    This chart compares the tuition costs of The New England Conservatory of Music (in red) with those of other similar universities.

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    Average Net Price

    $50,367
    2024 Value
    1.66%
    1 Year Growth

    In 2024 The New England Conservatory of Music had an average net price — the price paid after factoring in grants and loans — of $50,367. Between 2023 and 2024, the average net price of The New England Conservatory of Music grew by 1.66%.

    This chart compares the average net price of The New England Conservatory of Music (in red) with that of other similar universities.

    Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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    Other Student Expenses

    $19,287
    Room and Board
    $500
    Books and Supplies

    The average yearly cost of room and board at The New England Conservatory of Music was of $19,287 in 2024. The cost of room and board increased by 4.14% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $500. The cost of books and supplies did not change during the same period.

    This chart compares the average student costs at The New England Conservatory of Music (in red) with that of similar universities.

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    Financial Aid by Income Level

    90%
    Undergraduates Receiving Financial Aid through Grants
    23%
    Undergraduates Receiving Financial Aid through Loans

    90% of undergraduate students at The New England Conservatory of Music received financial aid through grants or loans in 2024. This represents a growth of 4.65% with respect to 2023, when 86% of undergraduate students received financial aid.

    This chart compares the average award discount at The New England Conservatory of Music (in red) with that of other similar universities.

    The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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    Admissions

    The New England Conservatory of Music received 1,112 undergraduate applications in 2024, which represents a 16% annual growth. Out of those 1,112 applicants, 457 students were accepted for enrollment, representing a 41.1% acceptance rate.

    There were 853 students enrolled at The New England Conservatory of Music in 2024.

    The New England Conservatory of Music has an overall enrollment yield of 29.5%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    41.1%
    Acceptance Rate in 2024
    457
    Accepted Out of 1,112

    In 2024, the undergraduate acceptance rate of The New England Conservatory of Music was 41.1% (457 admissions from 1,112 applications). This is lower than the acceptance rate of 2023, which was 42.8%. Between 2023 and 2024, the number of applicants grew by 16%, while admissions grew by 11.5%.

    This chart compares the acceptance rate of The New England Conservatory of Music (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    Enrollment

    The New England Conservatory of Music had a total enrollment of 853 students in 2024. The full-time enrollment at The New England Conservatory of Music is 764 students and the part-time enrollment is 89. This means that 89.6% of students enrolled at The New England Conservatory of Music are enrolled full-time.

    The enrolled student population at The New England Conservatory of Music, both undergraduate and graduate, is 27.7% White, 10.7% Asian, 5.16% Two or More Races, 4.45% Hispanic or Latino, and 1.52% Black or African American.

    Students enrolled at The New England Conservatory of Music in full-time Undergraduate programs are most commonly White Male (19.8%), followed by White Female (13%) and Asian Male (6.37%). Students enrolled in full-time Graduate programs are most commonly White Male (15.5%), followed by White Female (7.43%) and Asian Female (4.91%).

    Full-Time vs Part-Time Enrollment

    89.6%
    Full-Time Enrollment

    The total enrollment at The New England Conservatory of Music in 2024, both undergraduate and graduate, is 853 students. The full-time enrollment at The New England Conservatory of Music is 764 and the part-time enrollment is 89. This means that 89.6% of students enrolled at The New England Conservatory of Music are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

    This chart shows the full-time vs part-time enrollment status at The New England Conservatory of Music (in red) compares to similar universities.

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    Retention Rate over Time

    88%
    2024 Retention Rate

    Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at The New England Conservatory of Music was 88%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), The New England Conservatory of Music had a retention rate higher than its peers.

    This chart shows the retention rate over time at The New England Conservatory of Music (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      236 enrolled students
    2. Asian
      91 enrolled students
    3. Two or More Races
      44 enrolled students

    The enrolled student population at The New England Conservatory of Music is 27.7% White, 10.7% Asian, 5.16% Two or More Races, 4.45% Hispanic or Latino, and 1.52% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 39.9% White, 19.4% Hispanic or Latino, and 17% Black or African American.

    Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 17 students (1.99%) did not report their race.

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    Graduates

    In 2024, 2 fewer women than men received degrees from The New England Conservatory of Music. The most common race/ethnicity group of degree recipients at The New England Conservatory of Music is white (81 degrees awarded). There were 2.7 times more white recipients than the next closest race/ethnicity group, asian (30 degrees).

    The most common Masters Degree concentration at The New England Conservatory of Music is Stringed Instruments (32 degrees awarded), followed by Keyboard Instruments (20 degrees) and Woodwind Instruments (17 degrees).

    In 2024,  the most specialized majors across all degree types at The New England Conservatory of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (260 degrees awarded).

    Common Jobs by Major

    Graphic designers
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at The New England Conservatory of Music are Graphic designers (94,402 people), Other managers (83,955 people), Elementary & middle school teachers (78,489 people), Other designers (59,536 people), and Postsecondary teachers (56,068 people).

    The most specialized majors at The New England Conservatory of Music in 2024 are Visual & Performing Arts (260 degrees awarded) (as of 2024).

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    Highest Paying Jobs by Major

    Surgeons
    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The New England Conservatory of Music are Surgeons, Physicians, Crossing guards, Dentists, and Economists

    The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (260 degrees awarded) (as of 2024).

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    Common Industries by Major

    Elementary & secondary schools
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at The New England Conservatory of Music are Elementary & secondary schools (185,954 people), Colleges, universities & professional schools, including junior colleges (130,506 people), Computer Systems Design (84,660 people), Specialized design services (58,910 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (52,514 people).

    The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (260 degrees awarded) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by The New England Conservatory of Music.
    Most Common (2024)
    1. Stringed Instruments
      29 degrees awarded
    2. Woodwind Instruments
      12 degrees awarded
    3. Brass Instruments
      10 degrees awarded

    In 2024, the most common bachelors degree concentration at The New England Conservatory of Music was Stringed Instruments with 29 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at The New England Conservatory of Music according to their major.

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    Sex Breakdown for Common Majors

    131
    Degrees Awarded to Men
    in 2024
    129
    Degrees Awarded to Women
    in 2024

    In 2024, 131 degrees were awarded to men at The New England Conservatory of Music, which is 1.02 times more than the number of degrees awarded to females (129).

    This chart displays the sex disparity between the top 5 majors at The New England Conservatory of Music by degrees awarded.

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    Most Common Male Majors

    In 2024, 25 degrees were awarded to men at The New England Conservatory of Music in Stringed Instruments, which is 0.532 times less than the 47 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 47 degrees were awarded to men at The New England Conservatory of Music in Stringed Instruments, which is 1.88 times more than the 25 male recipients with that same degree.

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    Time to Complete

    73%
    100% Completion Time
    82%
    150% Completion Time

    In 2024, 73% of students graduating from The New England Conservatory of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 82% within 200%.

    The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

    Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      81 degrees awarded
    2. Asian
      30 degrees awarded
    3. Two or More Races
      17 degrees awarded

    The most common race/ethnicity at The New England Conservatory of Music is white (81 degrees awarded). There were 2.7 times more white recipients than the next closest race/ethnicity group, asian (30 degrees).

    2.31% of degree recipients (6 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Male
      72 degrees awarded
    2. White Male
      70 degrees awarded
    3. White Male
      69 degrees awarded

    The most common race/ethnicity and sex grouping at The New England Conservatory of Music is white male (72 degrees awarded). There were 1.03 times more white male recipients than the next closest race/ethnicity group, white male (70 degrees).

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    Operations

    The New England Conservatory of Music has an endowment valued at nearly $164M, as of the end of the 2024 fiscal year. The return on its endowment was of 16.4M (9.98%) compared to the 2.96% average return (416k on 14.1M) across all Special Focus Institutions.

    In 2024, The New England Conservatory of Music had a total salary expenditure of 59.1M. The New England Conservatory of Music employs 116 No academic ranks. Most academics at The New England Conservatory of Music are Male No academic rank (75), and Female No academic rank (41).

    The most common positions for non-instructional staff at The New England Conservatory of Music are: Management, with 35 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 21 employees, and Office and Administrative Support with 14 employees.

    Endowment

    $164M
    2024 Endowment
    8.94%
    growth from 2023

    The New England Conservatory of Music has an endowment valued at about $164M, as of the end of the 2024 fiscal year. The endowment of The New England Conservatory of Music grew 8.94% from the previous year. The value of their endowment was $150M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

    This line chart shows how the endowment at The New England Conservatory of Music (in red) compares to that of some similar universities.

    The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Arts, Music & Design Schools Carnegie Classification grouping.

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    Salary Expenditure

    $29.4M
    2024 Salaries
    10.8%
    growth from 2023

    In 2024, The New England Conservatory of Music paid a median of $29.4M in salaries, which represents 49.7% of their overall expenditure ($59.1M) and a 10.8% growth from the previous year. This is compared to a 2.51% growth between 2022 and 2023, and a 5.64% growth between 2021 and 2022.

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    Instructional Salaries

    $11M
    Instructional Salaries
    116
    Number of Employees

    In 2024, The New England Conservatory of Music paid a total of $11M to 116 employees working as instructors, which represents 37.6% of all salaries paid.

    This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at The New England Conservatory of Music were Management with 35 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 21 employees, and Office and Administrative Support with 14 employees.

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